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ALD AUTOMOTIVE
Prices can't dampen EV sales as it steps on leasing pedalLeasing is becoming a key driver in electric vehicle (EV) sales in India, especially as the high upfront cost remains a barrier to adoption...- India operations of ALD Automotive and LeasePlan to mergeTo lead strategic development of the combined entity in India, Tim Albertsen, chief executive, ALD Automotive-LeasePlan, has appointed Suva...
- Maruti Suzuki launches vehicle subscription services in 4 more citiesMaruti Suzuki India (MSI) has partnered with three subscription partners namely Orix Auto Infrastructure Services Ltd. (Orix), ALD Automoti...
- PumPumPum in talks to raise $10 million in Series A fundsThe company had raised Rs 5.5 crore from Inflection Point Ventures earlier this month in pre-series funding
- Maruti Suzuki ties up with ALD Automotive for subscription programmeCustomers will pay an all-inclusive monthly subscription charge starting at Rs 12,513 for Wagon R and Rs 13,324 for Ignis in Kochi (includi...
- Maruti Suzuki partners with ALD Automotive India for subscription programCustomers will pay an all-inclusive monthly subscription charge starting at Rs 12,513 for Wagon R and Rs 13,324 for Ignis in Kochi (includi...
- Toyota Kirloskar ties up with Myles to expand car subscription serviceCustomers can now choose from flexible subscription tenures of 12, 18, 24, 36 or 48 months and annual running kilometre usage for a fixed m...
- Carmakers turn to subscription programmes to draw in buyersMaruti Suzuki is offering its Vitara Brezza VXI sport utility vehicle variant – whose on-road price is Rs 9.65 lakh -- at a monthly subscri...
- Toyota Kirloskar launches leasing and subscription services under Mobility Service verticalTo start with, Toyota’s Mobility Service will provide leasing and subscription to customers in cities like Delhi-NCR, Bangalore and Mumbai ...
- M&M offers its personal vehicles range on monthly subscriptionMahindra & Mahindra is tying-up with self-drive car rental firm Revv to offer its cars on a subscription model.
- How Hyundai is turning disruptive trends into an opportunityIn the past 18 months, the Hyundai Motor Group has invested Rs 2,150 crore in Indian cab-hailing platform Ola to participate more actively ...
- Top automakers offer vehicles for a monthly rental with no down paymentTop automakers such as Hyundai, Mahindra, Skoda and Fiat have introduced personal lease programmes .
- Hyundai ties up with ALD Automotive for car leasing businessLeasing service, during the first phase, will be available in Delhi, NCR, Mumbai, Chennai, Hyderabad, and Bengaluru.
- Indians are increasingly renting cars instead of buying. But does it really suit you?The car subscription model, with its flexibility, is changing urban India. But it might not be for everyone.
- Mahindra & Mahindra sees sales revival in upcoming festival seasonCar leasing accounts for less than 1% of the total automotive sales in India, but is expected to grow in the next five years.
- Mahindra & Mahindra to offer vehicles on lease for up to Rs 32,999 per monthThe company plans to extend the lease option scheme to another 19 cities in the next phase, it said.
- India Inc's August foreign borrowings up over two-fold at $5.07 billionIndian companies had raised USD 2.31 billion from the foreign markets in the corresponding month a year ago in 2013.
- Demand for car leasing market robust at 15-20%: Suvajit Karmakar, ALD AutomotiveALD Automotive manages a fleet in excess of 8500 vehicles catering to more than 650 corporate customers in over 250 locations across India.
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